R&D Tax Credit for Life Sciences
Accelerating innovation in Life Sciences!
Research & Development in Life Sciences
The Life Sciences sector has never played a more important role in solving real-world challenges. This rapidly growing and highly technical industry is constantly transforming the quality of human life through innovations like telemedicine, drug discovery, cell and gene therapy, clinical trials improvements, and more. Advanced technologies such as artificial intelligence (AI), big data analytics, and robotics have also impacted the innovation landscape in this sector.
Many companies in the life sciences and biotech industries are unaware that their day-to-day operations can qualify for dollar-for-dollar tax savings through the Research and Development (R&D) Tax Credit.
Examples of R&D activity in Life Sciences
- Experimental design and development
- Developing new/improved assays, reagents, species/strands, and associated protocols or methods
- Developing testing/delivery devices and associated usage-procedure development
- FDA clinical trials
- Preclinical testing and IND process
- Product development & testing
- Developing new applications for existing drugs
- Improving product shelf life, techniques, formulas
- Internal-use equipment design and manufacturing
- Developing/improving manufacturing processes and medical devices
- Creating prototypes and first articles of new products for testing and validation
- Contracted product development
How we can help
Companies in the Life Sciences sector are great candidates to claim the R&D Tax Credit, and can qualify for large amounts of tax savings each year. We have found that many companies that do claim the R&D Tax Credit are often under-claiming; though they are the most in need of the maximum liquidity it offers.
Leyton’s unparalleled dual methodology of tax and technical expertise is specifically designed to help biotech and life science industries robustly claim and realize the R&D Credit to incentivize further innovation investment.
How we can help
Companies in the Life Sciences sector are great candidates to claim the R&D Tax Credit, and can qualify for large amounts of tax savings each year. We have found that many companies that do claim the R&D Tax Credit are often under-claiming; though they are the most in need of the maximum liquidity it offers.
Leyton’s unparalleled dual methodology of tax and technical expertise is specifically designed to help biotech and life science industries robustly claim and realize the R&D Credit to incentivize further innovation investment.
Boston IVF claims the R&D Tax Credit:
Boston IVF claims the R&D Tax Credit:
Meet our Life Sciences team leaders
Jonathan Ashton
R&D Tax Consultant
Ebraheim Ismail
R&D Technical Consultant
Blake Garvey
Senior Tax Attorney
Meet our Life Sciences team leaders
Jonathan Ashton
R&D Tax Consultant
Ebraheim Ismail
R&D Technical Consultant
Blake Garvey
Senior Tax Attorney
Explore insights
Explore insights
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Why choose Leyton?
Allow our experience to unleash your potential.
+ 60
Industries Served
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Years of Experience
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R&D Tax Credit Experts
Why choose Leyton?
Allow our experience to unleash your potential.
+ 60
Industries Served
+ 20
Years of Experience
+ 100
R&D Tax Credit Experts